CURRENT
REPORT Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of
report (Date of earliest event reported): March
9, 2018

Commission file no. 333-133184-12

Neiman Marcus Group LTD LLC(Exact
name of registrant as specified in its charter)

Delaware

20-3509435

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

One Marcus Square

1618 Main Street

Dallas, Texas

75201

(Address
of principal executive offices)

(Zip
code)

Registrant’s telephone number, including area code: (214)
743-7600

Not Applicable(Former name or former address, if
changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):

Indicate by check mark whether the registrant is an emerging growth
company as defined in as defined in Rule 405 of the Securities Act of
1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ⃞

If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act. ⃞

Item 2.02 Results
of Operations and Financial Condition

The following information is being furnished, not filed, pursuant to
Item 2.02. Accordingly, this information will not be incorporated by
reference into any registration statement filed by Neiman Marcus Group
LTD LLC under the Securities Act of 1933, as amended, unless
specifically identified as being incorporated therein by reference.

On March 9, 2018 Neiman Marcus Group LTD LLC issued a press release
announcing its results of operations and financial condition for the
fiscal second quarter ended January 27, 2018. A copy of this press
release is attached as Exhibit 99.1.

The press release contains information relating to EBITDA, Adjusted
EBITDA and Free Cash Flow. Management has included this information
because it believes it provides investors with useful information
regarding our results from core operating activities and is a useful
basis on which to measure the company's period-to- period performance.

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

.

NEIMAN MARCUS GROUP LTD LLC

Date:

March 9, 2018

By:

/s/ T. Dale Stapleton

Name:

T. Dale Stapleton

Title:

Interim Chief Financial Officer, Senior Vice President and

Chief Accounting Officer (principal accounting officer or

the registrant)

Exhibit 99.1

Neiman
Marcus Group LTD LLC Reports Second Quarter Results

DALLAS--(BUSINESS WIRE)--March 9, 2018--Neiman Marcus Group LTD LLC
today reported financial results for its second quarter of fiscal year
2018 ended January 27, 2018 that reflect indications that the Company’s
base business is stabilizing and is positioned for growth after two
straight quarters of year-over-year revenue increases. These increases
were supported by the company’s “Digital First” strategy and recent
investments in new technologies and marketing tools.

“I am excited about our momentum, which underscores Neiman Marcus Group
is truly unique within our industry for our ability to deliver on a
personalized luxury shopping experience across channels and brands,”
commented Geoffroy van Raemdonck, Chief Executive Officer of the
Company. “We will continue to innovate and invest in the business to
envision new ways to serve the luxury customers of today and tomorrow.”

For the second quarter, the Company reported total revenues of $1.48
billion, representing an increase of 6.2% compared to total revenues of
$1.40 billion for the second quarter of fiscal year 2017. During this
same period, comparable
revenues increased 6.7%. Including a provisional
non-cash income tax benefit of approximately $384.1 million in the
second quarter of fiscal year 2018 and non-cash impairment charges of
$153.8 million in the second quarter of fiscal year 2017 as described
below under “Other Items”, the Company reported net earnings of $372.5
million in the second quarter of fiscal year 2018 compared to a net loss
of $117.1 million in the prior year. Adjusted EBITDA, which is described
on page 8 of this release, for the second quarter of fiscal year 2018
was $154.8 million compared to $126.8 million in the prior year.

For the 26 weeks ended January 27, 2018, the Company reported total
revenues of $2.60 billion, representing an increase of 5.2% compared to
total revenues of $2.47 billion for the same period in the prior year.
During this same period, comparable revenues increased 5.6%. Including a
provisional non-cash income tax benefit of approximately $384.1 million
in fiscal year 2018 and non-cash impairment charges of $153.8 million in
fiscal year 2017 as described below under “Other Items”, the Company
reported net earnings of $346.3 million for the 26 weeks ended January
27, 2018 compared to a net loss of $140.6 million in the prior year.
Adjusted EBITDA for the 26 weeks ended January 27, 2018 was $277.2
million compared to $249.7 million for the same period in the prior
year. Free Cash Flow, which is described on page 9 of this release, for
the 26 weeks ended January 27, 2018 was $129.7 million.

Other Items. The Company recorded a provisional non-cash income
tax benefit of approximately $384.1 million in the second quarter of
fiscal year 2018 due to the impact of the Tax Cuts and Jobs Act, which
was signed into law on December 22, 2017. The Company also recorded
non-cash impairment charges of $153.8 million in the second quarter of
fiscal year 2017 to state certain intangible and other assets, primarily
related to its Neiman Marcus brand, to their estimated fair value.

Conference Call. A live webcast of the earnings conference call
can be accessed through the Investor Information section of the Neiman
Marcus Group LTD LLC website at www.neimanmarcusgroup.com on
Friday, March 9, 2018 beginning at 9:00 a.m. Central Standard Time.
Following the live broadcast, interested parties may replay the webcast
by accessing this website. To access financial information that will be
presented during the call, please visit the Investor Information section
of the Neiman Marcus Group LTD LLC website at www.neimanmarcusgroup.com.

Non-GAAP Financial Measures. In this press release, the Company's
financial results are presented both in accordance with U.S. generally
accepted accounting principles (“GAAP”) and using certain non-GAAP
financial measures, including Adjusted EBITDA. This non-GAAP financial
measure is included to supplement the Company’s financial information
presented in accordance with GAAP and because the Company uses such
measure to monitor and evaluate the performance of its business and
believes the presentation of this measure enhances investors’ ability to
analyze trends in the Company’s business and evaluate the Company’s
performance relative to other companies in its industry.

For more information regarding the Company’s use of non-GAAP financial
measures, including the definition of Adjusted EBITDA, and a
reconciliation of such financial measures to net earnings (loss), a GAAP
measure, see “Non-GAAP Financial Measures” on page 8 of this press
release.

Forward-Looking Statements. This press release contains
forward-looking statements. In many cases, forward-looking statements
can generally be identified by the use of forward-looking terminology
such as “may,” “plan,” “predict,” “expect,” “estimate,” “intend,”
“would,” “will,” “could,” “should,” “anticipate,” “believe,” “project”
or “continue” or the negative thereof or other similar expressions. The
forward-looking statements contained in this press release reflect the
Company’s views as of the date of this press release and are based on
our expectations and beliefs concerning future events, as well as
currently available data as of the date of this press release. While the
Company believes there is a reasonable basis for its forward-looking
statements, they involve a number of risks, uncertainties, assumptions
and changes in circumstances that may cause the Company’s actual
results, performance or achievements to differ significantly from those
expressed or implied in any forward-looking statement. Therefore, these
statements are not guarantees of future events, results, performance or
achievements and you should not rely on them. A variety of factors could
cause the Company’s actual results to differ materially from the
anticipated or expected results expressed in the Company’s
forward-looking statements, including those factors described in the
“Risk Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” sections and elsewhere in the
Company’s Annual Report on Form 10-K filed with the Securities and
Exchange Commission. You should keep in mind that the forward-looking
statements contained in this press release speak only as of the date of
this press release. Except to the extent required by law, the Company
undertakes no obligation to update or revise (publicly or otherwise) any
forward-looking statements to reflect subsequent events, new information
or future circumstances.

NEIMAN MARCUS GROUP LTD LLC

CONDENSED CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

(in thousands)

January 27,2018

January 28,2017

ASSETS

Current assets:

Cash and cash equivalents

$

35,788

$

48,443

Credit card receivables

42,258

37,437

Merchandise inventories

1,137,178

1,213,483

Other current assets

143,452

130,249

Total current assets

1,358,676

1,429,612

Property and equipment, net

1,557,112

1,600,816

Intangible assets, net

2,786,041

3,036,228

Goodwill

1,887,729

2,067,449

Other long-term assets

37,377

22,480

Total assets

$

7,626,935

$

8,156,585

LIABILITIES AND MEMBER EQUITY

Current liabilities:

Accounts payable

$

283,805

$

384,148

Accrued liabilities

532,081

509,629

Current portion of long-term debt

29,426

29,426

Total current liabilities

845,312

923,203

Long-term liabilities:

Revolving credit facilities

134,593

170,000

Long-term debt, net of debt issuance costs

4,437,669

4,415,911

Deferred income taxes

762,840

1,211,788

Other long-term liabilities

607,507

625,872

Total long-term liabilities

5,942,609

6,423,571

Total member equity

839,014

809,811

Total liabilities and member equity

$

7,626,935

$

8,156,585

NEIMAN MARCUS GROUP LTD LLC

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

Thirteen weeks ended

Twenty-six weeks ended

(in thousands)

January 27,2018

January 28,2017

January 27,2018

January 28,2017

Revenues

$

1,482,118

$

1,395,576

$

2,602,417

$

2,474,683

Cost of goods sold including buying and occupancy costs

1,024,056

982,465

1,746,943

1,682,360

Selling, general and administrative expenses

322,359

307,718

617,639

584,314

Income from credit card program

(14,065

)

(16,750

)

(25,929

)

(30,418

)

Depreciation expense

53,428

57,213

108,656

114,097

Amortization of intangible assets

11,500

12,881

23,664

26,504

Amortization of favorable lease commitments

12,784

13,443

25,569

27,097

Other expenses

12,614

5,211

15,454

12,029

Impairment charges

-

153,772

-

153,772

Operating earnings (loss)

59,442

(120,377

)

90,421

(95,072

)

Interest expense, net

76,549

74,197

152,647

146,280

Loss before income taxes

(17,107

)

(194,574

)

(62,226

)

(241,352

)

Income tax benefit

(389,639

)

(77,505

)

(408,541

)

(100,770

)

Net earnings (loss)

$

372,532

$

(117,069

)

$

346,315

$

(140,582

)

NEIMAN MARCUS GROUP LTD LLC

OTHER OPERATING DATA

(UNAUDITED)

OTHER DATA:

Thirteen weeks ended

Twenty-six weeks ended

(in millions)

January 27,2018

January 28,2017

January 27,2018

January 28,2017

Capital expenditures

$

41.1

$

49.5

$

65.8

$

115.7

Rent expense

$

30.9

$

30.3

$

59.2

$

58.5

Adjusted EBITDA

$

154.8

$

126.8

$

277.2

$

249.7

NEIMAN MARCUS GROUP LTD LLCNON-GAAP FINANCIAL MEASURES(UNAUDITED)

To supplement the Company’s financial information presented in
accordance with GAAP, it uses Adjusted EBITDA and Free Cash Flow to
monitor and evaluate the performance of its business and believes the
presentation of these measures enhances investors’ ability to analyze
trends in its business and evaluate its performance relative to other
companies in its industry. The Company defines Adjusted EBITDA as
earnings before interest, taxes, depreciation and amortization, further
adjusted to eliminate the effects of items management does not believe
are representative of the Company’s ongoing performance. The Company
defines Free Cash Flow as net cash flow provided by operating
activities, less capital expenditures. These financial metrics are not
presentations made in accordance with GAAP.

Adjusted EBITDA and Free Cash Flow should not be considered as
alternatives to operating earnings (loss) or net earnings (loss) as a
measure of operating performance. In addition, Adjusted EBITDA and Free
Cash Flow are not presented as and should not be considered as
alternatives to cash flows as a measure of liquidity. Adjusted EBITDA
and Free Cash Flow have important limitations as analytical tools and
should not be considered in isolation, or as substitutes for analysis of
the Company’s results as reported under GAAP.

These limitations include the fact that Adjusted EBITDA: (i) excludes
certain tax payments that may represent a reduction in cash available to
the Company; (ii) excludes certain adjustments for purchase accounting;
(iii) does not reflect changes in, or cash requirements for, the
Company’s working capital needs, capital expenditures or contractual
commitments; (iv) does not reflect the Company’s significant interest
expense; and (v) does not reflect the cash requirements necessary to
service interest or principal payments on the Company’s debt. Although
depreciation and amortization are non-cash charges, the assets being
depreciated and amortized will often have to be replaced in the future,
and Adjusted EBITDA does not reflect any cash requirements for such
replacements. In addition, other companies in the Company’s industry may
calculate Adjusted EBITDA or Free Cash Flow differently than it does,
limiting their usefulness as comparative measures.

In calculating these financial measures, the Company makes certain
adjustments that are based on assumptions and estimates that may prove
inaccurate. In addition, in the future the Company may incur expenses
similar to those eliminated in this presentation. The following table
reconciles net earnings (loss) as reflected in the Company’s condensed
consolidated statements of operations prepared in accordance with GAAP
to Adjusted EBITDA (figures may not sum due to rounding):

Expenses incurred in connection with openings of new stores /
remodels of existing stores

1.5

3.0

2.3

5.7

Expenses incurred in connection with strategic initiatives

1.4

1.9

1.8

8.5

MyTheresa acquisition costs

-

1.3

-

0.7

Non-cash gain related to change in vacation policy

(7.8

)

-

(9.0

)

-

Other expenses

4.6

0.5

4.6

1.3

Adjusted EBITDA

$

154.8

$

126.8

$

277.2

$

249.7

In the twenty-six weeks ended January 27, 2018, the Company’s Free Cash
Flow of $129.7 million reconciles to (i) net cash provided by operating
activities of $195.5 million, less (ii) capital expenditures of $65.8
million, in each case as reflected in the Company’s condensed
consolidated statements of cash flows prepared in accordance with GAAP.